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Marcelo Ebrard talks trade, nearshoring and US-Mexico relations in La Jornada interview
Mexico's next economy minister said the United States will "need Mexico to be able to compete with China" in an interview with La Jornada newspaper.
Guadalajara ramps up construction of industrial space to meet nearshoring demand
Nearshoring is driving an industrial real estate boom in the Guadalajara area, where 102,000 square meters of new space became available in Q1.
Opinion: Why Mexico needs a nearshoring strategy
To become Latin America's nearshoring star, Mexico must not make dangerous assumptions, says economist Ana Bertha Gutiérrez.
Yucatán seizes nearshoring opportunities in auto parts industry
Auto parts exports from Mexico to the U.S. exceeded $13.5 billion in the first two months of 2024, with Yucatán emerging as the top producer.
First nearshoring-focused fund listed on the Mexican Stock Exchange
The fund includes a pool of around 70 North American companies and trusts considered to be direct beneficiaries of the trend.
Nearshoring boosted gross fixed capital formation in Mexico in 2023
Economists consider gross fixed capital formation (GFCF) to be a sign of business confidence and economic growth.
OECD highlights water, energy as challenges for nearshoring in Mexico
The OECD economic survey for 2024 says investment is "trending up" in Mexico, and recommends measures to boost productivity and growth.
Ryder bets on nearshoring with new cross-border logistics center
The new center located in both Laredo, Texas and Nuevo Laredo, Tamaulipas, will help the company "take advantage of the growth in manufacturing."
Could Mexico’s nearshoring boom move south?
With water scarcity a major concern in Mexico's more industrial north, some foreign companies may look to relocate in states like Yucatán or Veracruz.
Nuevo León to offer new tax incentives to encourage nearshoring
The northern state will offer tax breaks to foreign companies looking to nearshore operations to municipalities near the U.S. border.